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Attention Business/Financial Editors
Alliance Grain Traders announces quarterly dividend
SYMBOL: TSX:AGT
REGINA, June 28 /CNW/ - Alliance Grain Traders Inc. ("AGTI") (TSX:AGT)
today announced its cash dividend for the quarter ending June 30, 2010 of
$0.135 per common share. The dividend will be payable on July 13, 2010 to
shareholders of record on July 8, 2010. This dividend is an eligible dividend
for Canadian income tax purposes. AGTI's current annualized cash dividend rate
is approximately $0.54 per share.
Alliance Grain Traders Inc. Profile
Alliance Grain Traders Inc. (AGTI) is a pulse processor and exporter
engaged in the business of value-added processing (cleaning, splitting,
sorting and bagging) of pulses and specialty crops, for export and domestic
markets. Through its processing facilities located in some of the best pulse
growing regions in Canada, the U.S., Turkey and Australia, AGTI handles a full
range of pulses and specialty crops including lentils, peas, chickpeas, beans
and canary seed. Through its subsidiaries in Turkey, the Arbel Group, AGTI
also produces Arbella Pasta, rice, and milled wheat products, such as bulgur
and semolina.
Cautionary Statements
Certain statements in this press release are forward-looking statements.
The reader is cautioned that assumptions used in the preparation of such
information, although considered reasonable by AGTI at the time of
preparation, may prove to be incorrect. Forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of AGTI (including its operating
subsidiaries) to be materially different from any future results, performance
or achievements expressed or implied by the forward-looking statements. Such
risks and uncertainties include, among others, the actual results of harvests,
fluctuations in the price of lentils and other crops, failure of plant,
equipment or processes to operate as anticipated, accidents or labour
disputes, risks relating to the integration of acquisitions or to
international operations as well as those factors referred to in the section
entitled "Risk Factors" in the Annual Information Form of AGTI dated March 30,
2010 which is available on SEDAR at www.sedar.com, and which should be
reviewed in conjunction with this document. Although AGTI has attempted to
identify important factors that could cause actual actions, events or results
to differ materially from those described in forward-looking statements, there
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. AGTI expressly disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except in accordance
with applicable securities laws.
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/For further information: Omer Al-Katib, Investor Relations, (306)
244-1318, ir@alliancegrain.com/
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